Bitcoin has dropped sharply in 2026, falling about 25-31% year-to-date to around $63,000 from a peak near $97,860 in January. Meanwhile, the US dollar index (DXY) remains firm above 100, defying the typical pattern where Bitcoin rallies as the dollar weakens. This divergence is driven by tighter global dollar liquidity and a less accommodative monetary policy, creating headwinds for Bitcoin as a risk asset. Investors may need to reassess portfolios, but the current Bitcoin price could also represent a buying opportunity based on historical recovery patterns after significant drawdowns.
Zcash has registered a lobbyist in Washington, DC, aiming to influence US cryptocurrency policies, including tax rules and market structure. This move is part of Zcash's effort to promote privacy-focused crypto regulations. Market watchers see this a...
The cryptocurrency market rebounded from a $50 billion drop driven by macroeconomic factors, finishing the week nearly flat with a market cap close to $3 trillion. Bitcoin gained about 1%, closing at $85,500, while Ether rose slightly by 0.4% to $2,7...
Bitcoin's price fell below $86,000 to $85,865 on Binance's spot market as of 5:26 p.m. ET on Sunday, showing a slight decline from $86,059 just 15 minutes earlier. Despite this drop, Bitcoin remained up 0.48% compared to one hour prior. This price mo...
Bitcoin, the largest cryptocurrency by market capitalization, surpassed $86,000 on Binance spot trading, reaching $86,052 at 6:16 a.m. ET on October 5. This price reflects a 0.7% increase from an hour earlier, indicating a positive short-term momentu...
Recent analysis highlights a recurring pattern where Bitcoin's price gains on Sundays often reverse with declines on Mondays. This Sunday pump Monday dump trend is supported by TD Sequential sell signals appearing on the four-hour charts of Bitcoin, ...
